NZX Limited operates New Zealand's national stock exchange and provides trading, clearing, settlement, depository, and data services across equity, debt, funds, derivatives, energy, and carbon markets. The company offers core products and services including the NZX Main Board (NZSX) for equities; NZX Debt Market (NZDX) for bonds and fixed income; NZX Equity Derivatives (NZCX); S&P/NZX Indices; NZX dairy derivatives in partnership with SGX; markets for Fonterra Shareholders and wholesale electricity; Smart investment funds comprising exchange-traded funds (ETFs), KiwiSaver, superannuation, and managed funds with over $10 billion in funds under management; SuperLife superannuation, KiwiSaver, investment, and insurance solutions serving over 45,000 members with $1.6 billion in assets; and NZX Wealth Technologies platforms for funds administration, custody, trading, and reporting with over $10 billion in funds under administration. NZX operates through segments encompassing Capital Markets Origination for issuer services; Secondary Markets for trading and post-trade infrastructure; Information Services for market data, analytics, and dairy insights; Funds Management; and Wealth Technologies. Founded in 1866 with roots in Dunedin and headquartered at NZX Centre in Wellington, New Zealand, the company primarily serves issuers, investors, financial advisers, businesses, and iwi across New Zealand with targeted operations in dairy, energy, and wealth management sectors. In recent developments, NZX rebranded its funds management business from Smartshares to Smart and appointed Lisa Turnbull as its new Chief Executive; the company also completed the acquisition of QuayStreet Asset Management management rights and assets from Craigs Investment Partners in February 2023, adding $1.6 billion in funds under management through its Smartshares subsidiary to bolster scale in passive and systematic products.